AEB Agrees with Unions on an 11% Salary Increase Over Three Years
The Spanish Banking Association (AEB) and the unions CCOO, UGT, and FINE (71% of union representation at the Negotiating Table for the XXV Banking Collective Agreement) have agreed on an 11% salary increase over three years, to be applied retroactively from January 1, 2024.
The Spanish Banking Association reiterates its willingness and commitment to reach an agreement on the collective bargaining agreement.
The Spanish Banking Association has always advocated for consensus with trade unions through a process of continuous dialogue, as evidenced by the fact that the collective bargaining agreement we are currently negotiating is the 25th in our history.
AEB, CCOO, UGT, and FINE Convene the Collective Bargaining Agreement Negotiating Committee
The Spanish Banking Association and the trade unions signatory to the Banking Collective Bargaining Agreement, CCOO, UGT, and FINE, based on the conclusions obtained from the Sectoral Observatory, have agreed to convene the Collective Bargaining Agreement Negotiating Committee with the aim of reaching salary agreements that help mitigate the effects of inflation on the sector’s employees.